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Hotel industry fighting for
survival amid pandemic

Original Article

Posted By: AltaD, 1/14/2021 11:33:41 PM

Chicago - As 2021 begins, the hotel business is fighting for survival. The Saint Jane, Moxy, Sheraton Grand, Chicago Athletic Club and even the famous Palmer House are just a fraction of local hotels closed right now. "You see a lot of hotels, especially in the downtown area, that are suspended right now. I think it gives you a sense of what the permanent damage could be," said Michael Jacobson, President and CEO of the Illinois Hotel and Lodging (Snip) At the same time, hotels continue paying property taxes even if they’re closed. Some downtown spots cough up more than $30,000 a day, $11 or $12 million a year.

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Reply 1 - Posted by: Lake Dweller 1/15/2021 12:05:29 AM (No. 661316)
Then one would think a hotel chain like Marriott wouldn’t tell MAGA world we weren’t welcome. Sometimes you just can’t explain stupid!
24 people like this.

Reply 2 - Posted by: DVC 1/15/2021 12:24:47 AM (No. 661330)
In a sewer lije Chicago, this is good news.
10 people like this.

Reply 3 - Posted by: GoodDeal 1/15/2021 1:33:12 AM (No. 661362)
I thought that big cities were paying big bucks to house the homeless indigents drug addicts and alcoholics? Plus they are getting drugs and alcohol delivered for free.
7 people like this.

Reply 4 - Posted by: John C 1/15/2021 5:12:33 AM (No. 661405)
Sent my cut-up Marriott card back earlier this week.
12 people like this.

Reply 5 - Posted by: ROLFNader 1/15/2021 7:25:42 AM (No. 661481)
Every blue state mayor/governor knows exactly what to do with these empty hotel rooms.
3 people like this.

Reply 6 - Posted by: Bur Oak 1/15/2021 7:33:59 AM (No. 661487)
More housing for the homeless in the big Democrat cities.
3 people like this.

Reply 7 - Posted by: john56 1/15/2021 7:56:59 AM (No. 661511)
Big whoop. Those hotels are owned by big corporations, too big to fail , and with loads of union jobs. The hoteliers I feel sorry for are the small businesses with a couple 50 or 100 room hotels who have taken big losses and are worried about losing the property they have in 2021.
6 people like this.

Reply 8 - Posted by: udanja99 1/15/2021 9:47:09 AM (No. 661667)
Before Christmas my sister and I made a shopping trip to Charlotte, NC and splurged on a stay at the Ritz Carlton. We only saw one other couple staying there, the halls were empty and the restaurant only had two other people dining there.
6 people like this.

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